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Archive for March, 2012

An increase in agricultural trading has cause the value of the US dollar to dip below 4,000 riel in the past three consecutive days, as there is now a higher demand for the Cambodia riel, money exchanger and an official from the National bank of Cambodia said yesterday.

Ngoun Sokha, director-general of the National Bank of Cambodia, said that the high demand for riel is seasonal, and often comes at the same time as farmers and agricultural traders flood into the city to trade their products.

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Cambodia has a total of 505,134 business supported by a workforce of 1,676,263, just 11.56 percent of the total population, according to a nationwide economic census released yesterday by Ministry of Planning.

Of the total number of people employed in the country, 1,026,084, or 61.2 percent, are women, mostly working in low-end jobs in the food service, retail and garment sectors, the 2011 Economic Census found.

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